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Regulatory fears had nothing to do with this dip.
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Bitcoin drops, crypto stocks down across the board as Coinbase slides 14%Cryptocurrency prices dropped across the board as the market adjusts to speculation that the U.S. may restrict crypto staking.
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Proposed Israeli law to classify crypto as securities will hurt the industry, says crypto execIsrael's regulators proposed classifying crypto as securities, but what would be the impact on the industry? According to Altshuler Shaham Horizon's CEO “you cannot classify all the digital assets as securities because it will kill the industry.”
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Proposed Israeli law to classify crypto as securities will 'kill the industry'Proposed regulations from the Israel Securities Authority (ISA) to reclassify cryptocurrencies as securities would seriously damage the crypto industry in Israel according to Altshuler Shaham Horizon CEO, Ilan Sterk.
Source: Cointelegraph - 🏆 562. / 51 Read more »